This book looks at the historical evolution of the art market from the 15th century to the present day, assessing the impact of wealth inequality and economic cycles and crises on the art market. Topics covered include complexity in art valuation, globalism, segmentation, financialization, indivisibility, liquidity and provenance issues.
This book looks at the historical evolution of the art market from the 15th century to the present day, assessing the impact of wealth inequality and economic cycles and crises on the art market. Topics covered include complexity in art valuation, globalism, segmentation, financialization, indivisibility, liquidity and provenance issues.
Andrés Solimano holds a Ph.D in Economics from MIT and is Founder and Chairman of the International Center for Globalization and Development (CIGLOB). He has held senior positions at the World Bank, the Inter-American Development Bank, the Latin American School of Social Sciences (FLACSO) and the United Nations.
Inhaltsangabe
1. Introduction 2. The Art Market: A Historical Perspective 3. The Art Sector in China: Traditional, Maoist and Globalized Periods 4. Main Conceptual Features of the Art Market: What is Art? How to Value it? How Art Trade is Organized? 5. Recessions, Financial Crises and War: Impact on the Art Sector 6. How the Super-Rich is Shaping the Art Sector in an Era of High Inequality (with Paula Solimano). 7. Investing in Art as Protection Against Economic Turbulence: Prices in the Cycle 1998-2018 8. Synthesis and Public Policy Issues
1. Introduction 2. The Art Market: A Historical Perspective 3. The Art Sector in China: Traditional, Maoist and Globalized Periods 4. Main Conceptual Features of the Art Market: What is Art? How to Value it? How Art Trade is Organized? 5. Recessions, Financial Crises and War: Impact on the Art Sector 6. How the Super-Rich is Shaping the Art Sector in an Era of High Inequality (with Paula Solimano). 7. Investing in Art as Protection Against Economic Turbulence: Prices in the Cycle 1998-2018 8. Synthesis and Public Policy Issues
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